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#28080 - 06/03/05 11:30 AM Re: Can we legally fire our realtor?
redcharm Offline
Junior Member

Registered: 06/01/05
Posts: 3
Loc: NC
Back to the issue of whether we can "fire" our broker....Am I correct in saying the contract between the broker and the seller is, in fact, an employment contract? If we're dissatisfied with our broker's performance, do we just politely ask her to dissolve the contract (unless she agrees to improve). What would a reputable realtor do in this case? Even if she agrees to do more for us, the tension between us is, unfortunately, permanent. Not a good situation.

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#28081 - 06/03/05 12:02 PM Re: Can we legally fire our realtor?
Alan From Florida Offline
Veteran Member

Registered: 05/10/05
Posts: 906
Loc: Tampa Bay Florida
Redcharm
I would recommend talking with the actual broker and at least hear them out. I good experienced reputable broker may just have the right answers for you. Judging from your posts that what I think you really want. You want to know what it will take to sell your home. I do not think you really care whether this brokerage sells it or not. You want activity and want it sold. Go in with an open mind and after you have talked with the actual broker then make the design on whether you ant to proceed or not. I do not know or what brokerage you are with however just a thought the broker you are actually with may be the best in your area. In fact he/she may not even know there is a problem and or has even seen this file. If your listing is that far overpriced the actual broker would want to know why the agent even took the listing. Even though I have been in the business for over ten years my broker requires a copy of my CMA in her file. In addition the actual broker may have bear minimal as to what one can expect from their agents. So what I am saying is at least talk with the broker with an open mind. You may still move one to a new one. But I am sure that if he/she is a reputable broker he would want to know and to at least ensure it does not happen again.
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Alan Plager E-Pro
Prudential Tropical Realty
Over 2500 Units Sold
Please click here to request my list of reo and or investment properties

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#28082 - 06/03/05 12:12 PM Re: Can we legally fire our realtor?
Alan From Florida Offline
Veteran Member

Registered: 05/10/05
Posts: 906
Loc: Tampa Bay Florida
Paul said
 Quote:
Here is a little reality check for you if a property is in MLS for a decent amount of time and you get zero calls or showings then price is most certainly the issue.
Paul what I am saying and pointing out is yes if its in the MLS for a decent amount of time and still no activity then the agent needs to do something. And something maybe something as simple as asking the seller to reduce the list price. However this particular agent did nothing. No CMA, No Marketing plan, Nodda just sigend the paperwork ,placed in MLA and Placed a sign. This seller should have heard all of what we are saying from her agent.
_________________________
Alan Plager E-Pro
Prudential Tropical Realty
Over 2500 Units Sold
Please click here to request my list of reo and or investment properties

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#28083 - 06/03/05 12:15 PM Re: Can we legally fire our realtor?
Paul Oaks Offline
Major Contributor

Registered: 06/23/04
Posts: 3370
Loc: Central Illinois
RedCharm,
If you wish to terminate your relationship with this agent just give their Broker a call and explain the situation.

The broker might ask if you would be willing to just work with a different agent who can better market and price your home to get it sold.

If you still wish to terminate the listing I am sure the broker will have no problems letting you out of the listing contract.

I would still recomend you get that appraisal so you know what the house is worth. Look for a brokerage that has a national presence and understands how to market unique properties. Keep in mind that unique properties often take a longer time on the market to get them sold.

Best of Luck!
_________________________
Paul Oaks
Oaks Real Estate Group

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#28084 - 06/03/05 12:19 PM Re: Can we legally fire our realtor?
Paul Oaks Offline
Major Contributor

Registered: 06/23/04
Posts: 3370
Loc: Central Illinois
Alan,
I agree that the agent should have told her all of this and really wonder why she did not. I would never price a home without a CMA and I regularly turn down listing if the seller wants to list it above market value. SOund to me like this is either a new agent or one in need of a career change!
_________________________
Paul Oaks
Oaks Real Estate Group

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